Friday, January 1, 2010

American Wisconsin Ginseng.


The chinese name for American ginseng is "Xi Yang Shen(Western Ginseng)".Scientific name is Panax Quinquefolius(Araliaceae family).It functions as an increasing resistance to environmental stresses, general tonic, stimulant, diuretic, digestive aid, anemia, diabetes, insomnia, neurasthenia, gastritis, impotence, fever, hangover, immune function, attention deficit hyperactivity disorder (ADHD), pseudomonas infections in cystic fibrosis, aging, stamina, blood and bleeding disorders, atherosclerosis, loss of appetite, vomiting, colitis, dysentery, cancer, insomnia, neuralgia, rheumatism, memory loss, dizziness, headaches, convulsions, and disorders of pregnancy and childbirth.
It is sweet & some bitter bitter. It helps in the body system.
US Wisconsin State Ginseng growers.
U.S. ginseng growers rely almost exclusively on sales to China, and after years of declining profits due to new competition from Canadian and Chinese farmers, those in Wisconsin are defending their brand and hoping to tap a growing Chinese middle-class market.
Wisconsin state ginseng are labeled "Huaqi Shen," or "Flower Flag Ginseng." The sole distributor in China will be Tong Ren Tang, a 360-year-old apothecary that once served China's emperors, has the exclusive right to sell 400,000 pounds of Wisconsin ginseng in its more than 1,000 stores over the next five years.
The harvest season for wild ginseng in Wisconsin is from September 1 to November 1.
Wisconsin ginseng root are a premium product and surely the chinese middle-class consumers prefer the short stubby roots native to Wisconsin and not those from Canadian ginseng roots that tend to be longer and more tubular.
In China counterfeit labelling of ginseng products are a plentiful and Wisconsin's tie up with partner Tong Ren Tang will help protect its brand so as to distinguish between the real and the counterfeiters who may supply tainted products which have high level of steroids just like in the case of chinese tea leaf .
Researchers have estimated that each ginseng plant in the wild needs to produce over 30 seeds to replace each plant harvested. Never harvest seedling (1-prong) or juvenile (2-prong) plants, or plants that are less than 5 years old with at least 4 “bud scars” on the “neck” at the top of the root. Roots from younger plants are not allowed to be exported and many ginseng buyers won't buy these small roots, so it'd best to leave these plants in the woods for future harvest. Never harvest plants before the fruit is ripe (red). The best practice is to plant the ripe berries under ¾ to 1 inch of soil. Researchers have found that planting the ripe seeds at this depth can produce up to 8 times more seedlings!
The Dow on New Year Eve is 10 market days to index /options expiry.
Nikkei futures is 5 market days to expiry.
9:30am:--Overnight high opening spinning top.
10:30am:--Bearish session low.
11:30am:--Another new low with bearish engulfing.
12:30noon:--No sign of retracement to session MAV,a danger sign.
1:30pm:--Another retracement also below session bear pivot resistance.
2:30pm:--Hoovering near low with bearish hammer.
3:30pm:--Final judgement,send it to the graveyard doji.
4:00pm:--Closing near low of the day.
The final session of 2009 ended with a big pullback close to the month's MAV support line.
December's candlestick pattern at the close is likened a spinning top.
There is a long upper shadow about +165.0 points while the lower shadow has a variant of -ve 93.98.
Expect an early week of volatility.If next week open with a bullish sentiment,expect a pullback on the 7th day before index expiry and vice-versa.There will be manipulation also before the Nikkei expiry which are also interlink to all markets.
The USD rally is also a subject of concern.